Historically, November records the highest volume of farmland transactions. This year followed that trend. Market activity remained strong, and buyer interest stayed consistent throughout the month.
Market Sentiment Remains Positive
When speaking with realtors and land professionals, a consistent message continues to surface. Many believe the farmland market will remain strong in the near term. Buyers remain active, and demand continues to support pricing. However, conversations with economists raise important considerations. Some suggest conditions could resemble elements of the 1980s farm economy. While that comparison raises concerns, it also reinforces the importance of preparation. As a result, many advisors recommend securing low interest rates now and ensuring financial plans are in order. Although no one can predict the future, farmland values have risen quickly. At this time, there are no clear indicators pointing to a sudden decline.
Government Policy Provides Stability
Current government activity offers encouraging news for Iowa farmers. At this point, stepped-up basis appears secure. Additionally, 1031 exchanges remain intact, and capital gains tax rates show little change. Because this is an election year, major policy shifts appear unlikely. Consequently, this stability supports confidence in the farmland market.
November Sales Results Across Iowa
Sales data from 293 transactions totaling 31,813 acres provide valuable insight into current values.
-
Statewide average: $11,688 per acre
-
High-quality farmland: $13,114 per acre
-
Medium-quality farmland: $9,597 per acre
-
Low-quality farmland: $6,539 per acre
These figures reflect strong demand across all land classes.
Our Mission; Is to be your “Trusted Advisors”,
Our obligation; is to market your farmland to the largest audience yielding you the most successful outcome!
Call today to see what your farm is worth and get a free land valuation!
From all of us here at Whitaker Marketing Group, we wish you all the best this holiday season!
Merry Christmas and Have A Happy New Year!!!
David & Ann Whitaker | Iowa Land Guy
When you think of Farmland Think of US!
